Exploring the Nexus of Coal Consumption, Economic Growth, Energy Prices and Technological Innovation in Turkey

Öztürk, Feride; Öztürk, Suat

doi:10.18488/journal.aefr.2018.812.1406.1414

Cited by 15 publications

(11 citation statements)

References 24 publications

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“…reveals a nonlinear causality between coal consumption and GDP and likewise for the other relationships and while they used the Toda-Yamamoto bootstrap methods, using quarterly data might have revealed more hidden patterns in the data. Ozturk and Ozturk (2018) used the Autoregressive Distributed Lag (ARDL) and Autoregressive Moving Average (ARIMA) model in their study to investigate coal consumption, technological innovation, economic growth and energy price in Turkey. They were found to be cointegrated; economic growth impacts coal consumption positively while technological innovations impact it negatively over a long passage of time, but they both have a positive influence on coal consumption in the short-run.…”

Section: Literature Reviewmentioning

confidence: 99%

“…They were found to be cointegrated; economic growth impacts coal consumption positively while technological innovations impact it negatively over a long passage of time, but they both have a positive influence on coal consumption in the short-run. The ARIMA tests proposed that between the years 2016 and 2025, the average annual growth for coal consumption in Turkey will be 2.02% ( Ozturk and Ozturk, 2018 ).…”

Section: Literature Reviewmentioning

confidence: 99%

See 1 more Smart Citation

The effects of air transportation, energy, ICT and FDI on economic growth in the industry 4.0 era: Evidence from the United States

Adedoyin

Bekun

Driha

et al. 2020

Technological Forecasting and Social Change

123

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Highlights Air transport increases economic Growth, validating the TLGH in the US between 1981 and 2017. The connection between foreign direct investment and ICTs enhances economic growth in the US. Coal rents and ICTs promote economic growth ins US. Energy-led growth hypothesis affirmed as coal energy spurs economic growth.

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Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

The effects of air transportation, energy, ICT and FDI on economic growth in the industry 4.0 era: Evidence from the United States

Adedoyin

Bekun

Driha

et al. 2020

Technological Forecasting and Social Change

123

View full text Add to dashboard Cite

show abstract

“…In current era the role of technology is very crucial which enhance the ability of organization in SCM to get an exclusive benefit from this volatile market. Therefore, firms exploit innovative technologies to direct access to cross border economies as an infinite business to gain economical advantage (Chan & Qi, 2003;Ozturk & Ozturk 2018). Besides, information technology (IT) capability has been strong moderating effect on the relationship between service innovation and supply chain performance.…”

Section: Issues Related To Supply Chain Operational Performancementioning

confidence: 99%

Determinants of supply chain operational performance

Maulina¹,

Natakusumah²

2020

10.5267/j.uscm

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The significant of supply chain management (SCM) on the performance of organization's is described and evaluated in this study. The role of operational performance is examined regarding supply chain in textile and apparel sector which is crucial for the performance of whole organization. Textile industry of Indonesia in terms of revenue is anticipated to grow at an aggregated gross rate of 6.01%, during forecasted period, 2015-2025. Excellent SCM is necessary for managing this growth. Supply chain role is very crucial in this industry for flourishing but unfortunately operational performance of supply chain is not performing on required level. This is a cross sectional type of research and data collection from textile and apparel firm managers which directly supervise to supply chain division. Currently business environment is very competitive and organizations need to focus on SCOP except organizational performance. In this study, we try to find the solution of this problem after analyzing through jointly the mediating role of Information Technology (IT) and independence effect of Relational Capability (RC) and Organizational Culture Capability (OCC) on supply chain operational performance in Indonesian apparel and textile industry. Results indicate that this research is helpful to resolve supply chain operational issues in Indonesia. .

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“…Energy is also seen as a significant constituent in the progression of industrialization and technology [3]. Likewise, the financial sector creates a socioeconomic environment conducive to innovation and technological advancement that stimulates economic growth [4]. A properly developed and prudentially managed financial sector allows the allocation of adequate financial resources to the energy sector and maintains a healthy balance between energy production and consumption [5].…”

Section: Introductionmentioning

confidence: 99%

Energy–Finance–Growth Nexus in ASEAN-5 Countries: An ARDL Bounds Test Approach

et al. 2019

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This study examines the relationship between energy consumption, financial development and economic growth for ASEAN-5 countries, namely Malaysia, Indonesia, the Philippines, Singapore and Thailand, over the period from 1980 to 2017. Finance-growth and energy-growth relationships have been well researched; however, the energy-finance-growth nexus is an equally important but less explored area. Our Auto Regressive Distributed Lags (ARDL) bounds test for cointegration results suggests that the variables tend to move together in the long run for all countries, apart from Indonesia. Our study also considers the effect of a structural break due to financial crisis and confirms that the break does not affect the long-term relationship among the variables; in other words, the financial crisis does not affect the energy-finance-growth nexus. Hence, considering the consistency of energy consumption, the importance of the energy sector must not be undermined, and appropriate energy policies are instrumental in maintaining a well-managed financial sector for sustainable economic growth.Sustainability 2020, 12, 5 2 of 16 demand [15], while the importance of financial variables in investigatng the energy-growth nexus is well documented by [16]. Financial development indicates the actual level of financial resources available for production and channels these funds through banks and stock markets [17]; thus, this promotes economic growth by boosting investment via transparent transactions for productive ventures [15]. A higher level of economic development through raising the capacity of the production sector and attracting foreign investment requires a stable power supply, which necessitates support by the financial sector through channeling resources to the energy sector [18]. A well-developed financial market makes financial resources available to high-return projects; at the same time, this implies better accounting and reporting standards, which increases investors' confidence [19], and attracts Foreign Direct Investment(FDI) [7]; which in turnaffects energy consumption. Similarly, financial development increases energy consumption by enhancing liquidity through the allocation of assets to appropriate ventures [15]. Hence, financial development affects the growth of an economy, which may influence energy consumption [20], and consequently, can act as the missing link in the energy-growth nexus [5]. With the growth in the economy, more productive inputs are needed which are supported by activities such as capital accumulation and energy expenditure where the role of finance is undisputable [21].However, to date, the nature of the relationship remains inconclusive from the relatively small amount of prevailing literature. Some researchers have found a negative relationship between energy consumption and financial development [22], while others detect a positive relationship [13,23]. Similarly, the results of the cointegration and causality analysis-based studies are also inconclusive. Several studies reported bidirectional ...

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Exploring the Nexus of Coal Consumption, Economic Growth, Energy Prices and Technological Innovation in Turkey

Cited by 15 publications

References 24 publications

The effects of air transportation, energy, ICT and FDI on economic growth in the industry 4.0 era: Evidence from the United States

The effects of air transportation, energy, ICT and FDI on economic growth in the industry 4.0 era: Evidence from the United States

Determinants of supply chain operational performance

Energy–Finance–Growth Nexus in ASEAN-5 Countries: An ARDL Bounds Test Approach

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